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re: Never leased a car before

Posted on 10/20/18 at 9:04 am to
Posted by Hamma1122
Member since Sep 2016
19932 posts
Posted on 10/20/18 at 9:04 am to
Sink 20k into a car you’ll never own. Don’t lease
This post was edited on 10/20/18 at 9:06 am
Posted by LSUtigerME
Walker, LA
Member since Oct 2012
3817 posts
Posted on 10/20/18 at 7:27 pm to
quote:

Sink 20k into a car you’ll never own. Don’t lease


Do you understand how interest and depreciation works?

If you buy a new vehicle, you’ll sink 20k into it regardless. Leasing only puts you on a schedule to replace it and renew the terms.
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